Global Transformer Oil Market: Global Power Crunch Pushes Demand for Higher Efficiency in Regulation and Distribution, Observes TMR
The global market for transformer oil is currently strongly consolidated in nature, and is likely to remain in a similar state over the coming years, according to a new research study by Transparency Market Research (TMR). The five leading players in the market – ExxonMobil, Shell, Nynas AB, and Sinopec – took up over 45% of its overall value in 2015. The key players are dedicating more of their assets on the developing of novel, safe, and green bio-based transformer...
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